Assistant Controller (Construction Industry Experience)

Germantown, MD - USA

Monthly Salary: Not Disclosed

Posted on: 8 hours ago

Vacancies: 1 Vacancy

Job Summary

Position Summary:

The Assistant Controller supports the Controller in managing the daily accounting operations of a construction-focused organization. This role ensures accurate financial reporting maintains strong internal controls and oversees accounting processes specific to the construction industry including job costing WIP schedules and revenue recognition. The ideal candidate is a hands-on accounting professional with strong technical expertise and experience working in a project-based or construction environment.

#LAT

Responsibilities:

Financial Operations & Reporting
Assist in overseeing the monthly quarterly and annual close processes.
Prepare and review financial statements supporting schedules and management reports.
Ensure compliance with GAAP and company accounting policies.
Support budgeting forecasting and variance analysis.
Assist with cash flow forecasting and management.
Construction Accounting & Job Costing
Manage and review job cost accounting ensuring accurate allocation of labor materials equipment and subcontractor expenses.
Maintain and prepare Work-in-Progress (WIP) schedules and revenue recognition using percentage-of-completion methods.
Monitor project profitability and provide insights to leadership.
Collaborate with project managers to ensure accurate project financial tracking.
Accounts Payable Receivable & Payroll Oversight
Oversee AP/AR processes subcontractor billing and collections.
Ensure proper lien waiver tracking and subcontractor compliance.
Assist with payroll accounting and job cost allocations.
Compliance & Internal Controls
Support annual audits tax preparation and regulatory reporting.
Maintain and improve internal controls and accounting procedures.
Ensure compliance with contract requirements and financial reporting standards.
Leadership & Process Improvement
Supervise and mentor accounting staff.
Identify and implement process improvements and system efficiencies.
Assist with ERP/accounting system optimization and reporting enhancements.

$70000 - $90000 a year

Required Experience:

Junior IC

Position Summary:The Assistant Controller supports the Controller in managing the daily accounting operations of a construction-focused organization. This role ensures accurate financial reporting maintains strong internal controls and oversees accounting processes specific to the construction indus...

Position Summary:

#LAT

Responsibilities:

Financial Operations & Reporting
Assist in overseeing the monthly quarterly and annual close processes.
Prepare and review financial statements supporting schedules and management reports.
Ensure compliance with GAAP and company accounting policies.
Support budgeting forecasting and variance analysis.
Assist with cash flow forecasting and management.
Construction Accounting & Job Costing
Manage and review job cost accounting ensuring accurate allocation of labor materials equipment and subcontractor expenses.
Maintain and prepare Work-in-Progress (WIP) schedules and revenue recognition using percentage-of-completion methods.
Monitor project profitability and provide insights to leadership.
Collaborate with project managers to ensure accurate project financial tracking.
Accounts Payable Receivable & Payroll Oversight
Oversee AP/AR processes subcontractor billing and collections.
Ensure proper lien waiver tracking and subcontractor compliance.
Assist with payroll accounting and job cost allocations.
Compliance & Internal Controls
Support annual audits tax preparation and regulatory reporting.
Maintain and improve internal controls and accounting procedures.
Ensure compliance with contract requirements and financial reporting standards.
Leadership & Process Improvement
Supervise and mentor accounting staff.
Identify and implement process improvements and system efficiencies.
Assist with ERP/accounting system optimization and reporting enhancements.